Made by Galbot, a robot named Xiao Gai staffs around 200 small capsule-like convenience store outlets in 50 cities across mainland China.
Now, several have opened in Hong Kong as well.
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General Motors (GM) agreed to a financing arrangement with Procura Auto Parts LLC, a supply-chain management firm, to secure critical parts for continuous production amid supply chain disruptions.
Under the arrangement, Procura will prepay suppliers and store inventory on behalf of GM. Once the inventory is consumed in production, GM will repay Procura with irrevocable payment undertakings backed by a bank syndicate.
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Tyson Foods closed its beef facility in Joslin, IL, on August 13, 2026, amid a yearlong persistent cattle shortage.
The closure is a strategic restructuring move for Tyson Food that enables the company to anchor its beef business in Nebraska, Kansas, and Texas, making its beef operations more competitive.
Video Spotlight:
Prices continue to rise on everyday products that are made—at least partially—with raw materials and components sourced from Iran and neighboring countries.
Americans are feeling a pinch in their wallets as the US-Iranian War continues. WD-40, the globally known manufacturer of lubricating products, is experiencing increases in costs due to chemicals sourced from Middle Eastern countries and associated shipping constraints in the Strait of Hormuz. Gas prices are affected given the Middle East has long been […]